Form 4: Ollie's (OLLI) General Counsel disposes 2,117 shares at $130
Rhea-AI Filing Summary
Insider sale reported by James J. Comitale, SVP & General Counsel of Ollie's Bargain Outlet Holdings, Inc. (OLLI). The Form 4 shows a single sale on 09/03/2025 of 2,117 shares of Ollie's common stock at a price of $130 per share, leaving Mr. Comitale with 2,504 shares beneficially owned after the transaction. The filing is an individual Form 4 and was signed on 09/05/2025. No derivative transactions or additional compensatory grants are reported. The form includes a remark that the $130 price reflects the sale price in a single transaction.
Positive
- None.
Negative
- None.
Insights
TL;DR: An officer sold a modest block of shares; disclosure is routine and provides transparency on insider activity.
The reported sale by the companys SVP & General Counsel of 2,117 shares at $130 each is a straightforward Section 16 disclosure. The transaction reduced his holdings to 2,504 shares. From a governance perspective, timely filing and clear price disclosure are positive for transparency. There is no indication in this Form 4 of planned trading arrangements, derivative use, or concurrent material corporate events. The size of the sale is disclosed, but the filing alone does not indicate material corporate impact.
TL;DR: Insider sale documented; information useful for monitoring but unlikely to be material to valuation by itself.
The transaction is a non-derivative disposition executed on 09/03/2025, showing exact shares sold and post-transaction ownership. For investors tracking insider behavior, this is a data point indicating a sale by an executive. Without additional context on total outstanding shares or concurrent insider trades, the sale should be treated as routine disclosure rather than a signal of company performance changes.